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Situation in financial options in which strike price is less than...

This question belongs to Commerce Financial Management
Financial Management
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Situation in financial options in which strike price is less than current price of stock is classified as

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Correct Answer: Option A
Situation in financial options in which strike price is less than current price of stock is classified as in-the-money. A call option is in the money (ITM) if the market price is above the strike price. A put option is in the money if the market price is below the strike price.
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